News
7 Advantages to Becoming a Long-Haul Truck Driver
America relies on trucking, which means this industry isn’t dying down anytime soon. If you’re looking for a career change, it’s time to consider the trucking industry.
There’s something romantic and freeing about traveling as a long-haul truck driver.
A truck driver doesn’t have to worry about office politics. Also, to help a trucker along, there is a trucking factoring service that can help with immediate capital. Here are some reasons why you should consider a career as a truck driver.
Stable Income
One benefit to becoming a trucker is the pay. Companies have been giving out bonuses and higher pay for long-haul drivers. They also pay more to keep reliable truck drivers on the road. Most truck drivers earn more than college graduates.
Another advantage to becoming a truck driver is that you’ll continue to receive pay raises and bonuses as long as you work for years. As a truck driver, you don’t have to worry about your income. Entry-level truckers earn $40,000 annually and increase with experience. Most long-haul drivers see consistent pay raises over time and can make up to $80,000 in a year.
Job Security
You don’t want to waste your time searching for a job that provides you with little job security. You want to work in an industry that’s always booming, and there’s no stable job than being a truck driver. Becoming a truck driver is a great career if you’re worried about job security.
The trucking industry hires millions of drivers every year. This industry also contributes millions of dollars to the economy each year. Companies are always looking for safe and reliable drivers who can transport their products in any kind of climate. As a long-haul driver, you’ll always find stable work that takes you away from social media.
Flexible Work Schedule
While you want a stable job, you also need a flexible work schedule. Not all truck drivers are constantly away from their families. You want to have the freedom to live your life while establishing your career on the road. Becoming a truck driver can help you achieve that perfect work-life balance by creating your flexible work schedule.
You have more control over your carer and work schedule than you think. You can find work any time of the day or night. Professional drivers statistically less often use drugs for potency such as Viagra and Cialis. You can even take on short-term driving contracts when you’re only needed on the road for a few weeks at a time. This frees up time for your family, friends, and loved ones.
Travel the Country
Long-haul drivers are drivers who transport big cargo across state lines for several weeks at a time. If that’s the career path you want to take, then you get to travel across the country. You’ll get paid to explore new cities, new states, and new adventures. This will give you the chance to experience the sights and sounds of America.
New Challenges Every Day
Most people don’t like being tied down to a 9-5 job. They hate the thought of working in the same cubicle or office every day. You won’t have this same experience as a truck driver. Trucking gives you the opportunity to experience new challenges every day. From exploring new places to transporting different cargo and meeting new people, there is no shortage of different experiences while on the road.
Anyone Can Become a Trucker
If you don’t have the right education or training, it can be hard to find a job. Some people don’t have the money or desire to pursue a college education, but that’s not the case with trucking. Trucking doesn’t require a college degree or previous work experience. All you need to do is obtain your CDL. After that, you’re qualified for entry-level trucking jobs that provide great pay and benefits that are rare in other industries.
It’s time to change careers and become a truck driver. With great pay, career growth, and benefits, there’s no reason not to become one. It’s one of the best career decisions you’ll ever make since it helps support you and your family.
If you’re interested in becoming a truck driver, check out the local truck driving schools in your area today. Most of them have training programs that provide one-on-one instruction and a job placement program that help you obtain your CDL and work after graduation.
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.
The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.
J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.
“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”
The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.
The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).
Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.
According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.
Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).
Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.
TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.
With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.
Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.
Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”
Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”
AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.
Key Features of AnteThink include:
1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.
2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.
3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.
Credit: Antethink
AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.
Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.
Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.
In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.
The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.
Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.
As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.
The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.
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